Why to Invest Residential Projects In Greater Noida…….
With the downstream in real estate industry in the last six months, investing in property in Greater still makes sense. Greater Noida, being a residential town in UP, is also one of the largest industrial township in Asia. The property rates in NCR have been down, but one can surely invest here in property because of many reasons like.
Understanding Greater Noida
The city starts at the point of completion of the Greater Noida Expressway and reasonably advanced with its own structural framework and infrastructure scheme in terms of selling commercial space, educational institutes with well-developed road. The township is extensively growing towards the east with new sector joining the street.
Greater Noida is also well-known as industrial and commercial centre in Asia. Renowned business schools and major IT Giants have their offices in the city. Because of its good connectivity of well laid out road with Noida City Centre which makes it easier to come to work in the city.
Yamuna Expressway: – Formula 1 track has been the landmark of the city in spite of the expressway that divides the city. A number of industrial and residential projects are taking off in and around the F1 track likely to change the real estate scenario of the city. The city educational hub I.e. Gautam Buddha University and Galgotia university sets the benchmark to the place making it one of the favourable sectors to invest in property.
Once Noida Extension Now Greater Noida has now been set free from land litigations and got a huge boost in the industry.
Existing Road Connectivity: No doubt, Greater Noida has finest connectivity in terms of road. An eight lane expressway connects it’s to Noida and Delhi. In addition to this, there is a newly constructed six lane highway connecting the city to Ghaziabad. The internal roads of the city are well laid out, properly bifurcated with green belt. Greater Noida probably is the only district with proper implementation and planed infrastructure initiated.
Metro. The approval for extension of Metro to Greater Noida on two different alignments has already been granted by DMRC and fund allocation carried out, the work is to begin soon. The metro will originate from Noda city centre, one going via Greater Noida West to Bodaki and the other from Sector 50/78 (Noida) would follow the alignment along the Expressway to Pari Chowk and then further to Bodaki.
International Airport: – Current MP from Noida, Mr Mahesh Sharma, having being appointed The Minister of State for Civil Aviation, The construction of an International Airport at Jewar (21 KMs from Formula 1) has got a push.
Educational Hub: – Greater Noida has a number of well renowned school and private universities that serve it as an educational hub, not only of the city but also for the country. Galgotia, Gautam Buddha are some of the major universities present here.
Jaypee Formula 1:- The Formula 1 track remains the landmark in Greater Noida. The track has given the real estate sector a huge boost on the Yamuna Expressway with a number of residential and commercial projects having taken off. The Jaypee sports city which is coming up next to the track is a fully integrated project with an international cricket stadium.
Night Safari: – The prominent plan for setting up the first night safari in India on Yamuna Expressway has finally been granted with Greater Noida Development Authority having called in the ask for proposal.
Smart City: – The central government is actively considering earmarking Greater Noida as a smart city as part of the ‘100 smart cities’ plan for infrastructural investments. If this happens, the real estate in Greater Noida will get an automatic boost.
Return on Investment: With low property rates, Greater Noida gives the greatest ROI as compared to other parts of NCR because of its high valued infrastructure projects coming up, it is the perfect time to invest in Greater Noida.
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